Walmart Inc. — Ethics Grade D+
Walmart Inc. receives an overall ethics grade of D+ (36/100) on CancelCo's corporate accountability database. Sector: Consumer Goods. Market cap: Large Cap.
Category scores
- labor: 30
- privacy: 60
- consumer: 40
- environment: 45
- humanRights: 25
Documented incidents (3)
- Foreign Corrupt Practices Act Violation (high, 2019) — Walmart paid $282 million to settle federal investigations into a global bribery scheme, primarily in Mexico, to accelerate store openings by bribing local officials.
- Systemic Wage Theft Allegations (high, 2018) — Walmart has faced numerous class-action lawsuits for allegedly denying workers overtime pay, forcing employees to work off the clock, and failing to provide meal breaks.
- Rana Plaza Factory Collapse (high, 2013) — Walmart was one of the major retailers linked to the Rana Plaza factory in Bangladesh. Critics blasted the company for refusing to sign the Accord on Fire and Building Safety in Bangladesh for years.
Documented good deeds
- Live Better U Program — Walmart pays 100% of college tuition and books for its US associates through the Live Better U program.
Ethical alternatives
- Costco Wholesale — Widely recognized for higher base wages and better employee retention rates and benefits.